Coronavirus Guidance for Financial Institutions Act

House Bill 6265 - Coronavirus Guidance for Financial Institutions Act: Overview, Status, and Impact

Hozzl · 2022-02-08T23:14:54Z

Explore the details of House Bill 6265 Coronavirus Guidance for Financial Institutions Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

2/8/2022, 11:14 PM

Congressional Summary of HR 6265

Coronavirus Guidance for Financial Institutions Act

This bill directs the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration to report on the effectiveness of the joint release issued by federal and state financial regulators on March 9, 2020, encouraging financial institutions to meet the needs of customers affected by the coronavirus (i.e., the virus that causes COVID-19).

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Current Status of Bill HR 6265

Bill HR 6265 is currently in the status of Bill Introduced since March 12, 2020. Bill HR 6265 was introduced during Congress 116 and was introduced to the House on March 12, 2020. Bill HR 6265's most recent activity was Referred to the House Committee on Financial Services. as of March 12, 2020

Bipartisan Support of Bill HR 6265

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 6265

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Banking and financial institutions regulation

- Cardiovascular and respiratory health

- Congressional oversight

- Consumer Financial Protection Bureau

- Consumer credit

- Department of the Treasury

- Emergency medical services and trauma care

- Federal Deposit Insurance Corporation (FDIC)

- Federal Reserve System

- Infectious and parasitic diseases

- National Credit Union Administration

- State and local government operations

Alternate Title(s) of Bill HR 6265

Coronavirus Guidance for Financial Institutions Act

To provide the sense of Congress related to the joint release on Coronavirus issued by Federal and State financial regulators, to require a report analyzing the effectiveness of the joint release, and for other purposes.

Coronavirus Guidance for Financial Institutions Act